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Maruti Suzuki to Recall Over 180,000 Vehicles

On Friday, the volume in the stock stood at 2.79 lakh shares.

On Friday Maruti Suzuki has announced that it will proactively recall 181,754 units of some petrol variants of Ciaz, Ertiga, Vitara Brezza, S-Cross, and XL6 car models.

“The recall is for inspecting a possible defect in 181,754 units of these models manufactured between 4th May 2018 to 27th October 2020. Recall campaigns are undertaken globally to rectify faults that may be potential safety defects,” the company said.

Maruti Suzuki has decided to voluntarily recall the affected vehicles for inspection/replacement of the Motor Generator Unit, free of cost. Affected vehicle owners would be receiving a communication from Maruti Suzuki authorized workshops.

The replacement of the affected part shall start from the first week of November 2021. Till then, customers are requested to avoid driving in waterlogged areas and direct water sprays on electrical/electronic parts in vehicles.

Maruti Suzuki India is engaged in the manufacture, purchase, and sale of motor vehicles, components, and spare parts (automobiles).

On a consolidated basis, the auto major’s net profit stood at Rs 475 crore in Q1 FY22, as compared to a net loss of Rs 268.30 crore posted in Q1 FY21. Consolidated net sales surged 356.6% to Rs 16,799.90 crore in Q1 FY22 over Rs 3,679 crore in Q1 FY21.

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